Fed 'Hawks' Weigh In Against More Action

By

Jon Hilsenrath

Updated Aug. 16, 2012 5:15 p.m. ET

The Federal Reserve's "hawks" are speaking out against additional action by the central bank to spur the economy.

The Fed has moved despite this group's opposition before. Thus, the new comments don't represent a signal from the central bank that it is backing away from its statement earlier this month that it might act.